Islamabad

ISLAMABAD: The Customs Appellate Tribunal on Friday heard three customs references filed against the Model Customs Collectorate and Directorate General...

PM Abbasi says new tax amnesty scheme likely within two weeks

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said that the tax amnesty scheme could be launched within next two weeks....

Customs North Region earns Rs94m more Income Tax in three weeks than yesteryear’s

ISLAMABAD: The Customs North Region received Rs94million additional revenue of Income Tax (IT) during three weeks of January FY17-18 against...

17 field formations, 428 withholding agents cause loss of Rs 14.47b to national exchequer

byM. Faizan

ISLAMABAD: At least 17 field formations of the Federal Board of Revenue (FBR) and 428 withholding agents did not deduct...

Customs Islamabad exceeds revenue target ahead of five days with a deficit of Customs Duty

ISLAMABAD: The MCC Islamabad surpassed the entire revenue collection of January 2017-18 target within 26 days under all the heads...

Exports record 11.24pc increase during first half of financial year 2017-18

byM Arshad

ISLAMABAD: The Ministry of Commerce is undertaking consistent efforts to explore new markets for Pakistani products. In this regard, Free...

IHC seeks record of cases involving Customs I&I, Inland Revenue

ISLAMABAD: The Islamabad High Court (IHC) directed parties to submit record in cases involving Directorate General of Intelligence and Investigation,...

Tax exemption granted on import of Rs10,898,000m construction material by Chinese company

ISLAMABAD: Federal Board of Revenue (FBR) has allowed exemption from withholding income tax to a Chinese company on import of...

FBR receives 1.4 million income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has received about 1.4 million income tax returns. According to weekly Active Taxpayers...

Customs foils smuggling bid at Benazir airport, Canadian national held

ISLAMABAD: Customs officials Monday foiled a bid to smuggle drugs outside the country at the Benazir Bhutto International Airport and...

IHC disposes of customs reference with orders to rehear case

ISLAMABAD: The Islamabad High Court on Friday disposed of the customs reference filed by M/s Fertilizers Private Limited with the...

Indonesian Trade Mission attracts $18.9m Pakistani investment in four years

ISLAMABAD: Indonesian Trade Mission in Pakistan has attracted $18.9 million Pakistani investment in different sectors in Indonesia during the last...

IHC relists customs cases filed by M/s Lakson Tobacco against FBR’s field office

ISLAMABAD: The Islamabad High Court, during a recent week of January, relisted the customs cases filed by M/s Lakson Tobacco...

Customs Tribunal Chairman heads benches & supervises administrative affairs

ISLAMABAD: The Customs Appellate Tribunal Chairman Justice (r) Malik Manzoor Hussain, during the recent week of January, concluded a three-day...

Ayyan fined Rs5000 more for not attending tribunal’s proceedings

ISLAMABAD: The Customs Appellate Tribunal adjourned the hearing of Ayyan Ali money laundering case after imposing a fine of Rs5000...

Collector Islamabad Saeed Jadoon farewelled by 17-grade Customs Civil Servants

ISLABABAD: Collector Saeed Khan Jadoon said he tried to run the MCC Islamabad with ultimate efforts during his stay for...

UAB Islamabad generates Rs3.6m on incoming baggage during July to January 2017-18

ISLAMABAD: The Customs Unaccompanied Baggage Section of the BBIA Islamabad collected Rs3.6million duties and taxes on the incoming baggage during...

Airlink Communication honoured with Top Taxpayer of 2017 award

ISLAMABAD: Airlink Communication, one of the country’s largest mobile distributors, has been awarded as Top Taxpayer of 2017. So, among...

Pak Customs now better equipped to confront security challenges to global supplychain